Energy Financing

Community Development Agency
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Property owners in Marin have multiple options for financing energy improvements. Choosing the best financing option depends on the type of project, amount of money financed, and individual situation of the borrower. You can discuss financing options for residential energy efficiency projects with a Home Upgrade Advisor by calling (866) 878-6008.

Property Assessed Clean Energy (PACE) Financing - Property owners can secure upfront funding for energy efficiency, water efficiency, renewable energy, and seismic improvement projects which are repaid through an up to 20-year special line item on their property taxes - instead of traditional consumer credit. The program is open to property owners in all Marin jurisdictions and unincorporated Marin County. PACE programs require jurisdiction approval to operate. See below to find operating PACE programs in your city or town.

For more information on PACE financing visit the PACE Nation website or our PACE Frequently Asked Questions page.

Fairfax, Larkspur, Novato, San Anselmo, San Rafael, Tiburon, Mill Valley, Belvedere, Sausalito

  • CaliforniaFIRST - Residential, Commercial, Multi-Family
  • YGrene - Residential, Commercial, Multi-Family
  • AllianceNRG - Residential, Commercial, Multi-Family
  • FigTree - Commercial, Multi-Family
  • HERO - Residential, Commercial

Unincorporated Marin

Corte Madera, Ross

 

Redwood Credit Union Solar Loans - Redwood Credit Union offers fixed and variable rate loans to finance solar for the home. Learn more by calling (800) 479-7928 or visiting their website.

Check with your local bank - Most energy efficiency projects can be financed by traditional home improvements loans. Ask your mortgage provider what options are available to you. You can also discuss financing options with the Home Upgrade Advisors

Secured Loans

Unsecured Loans

 

Additional Information

Some things to consider before using financing for a project:

  • Interest rates — different products (PACE, home equity, line of credit) can have different interest rates. Be sure to evaluate all your options.
  • Fees — there can be up-front and annual fees.
  • Property Tax Re-assessment — some project may trigger re-assessment while others (like solar PV) are excluded from re-assessment.
  • Existing mortgages — in some cases you may have too pay off the assessment before refinancing or selling your home.
  • Tax deductibility — be sure to talk to your tax advisor before claiming any tax deductions.